Did European energy secure a contract for a battery project in Poland?
European Energy successfully secured a contract for several battery projects in Poland. The Polish Transmission System Operator Capacity Market auction has awarded a 17-year contract, indexed to inflation, for four battery projects to European Energy.
How many battery projects are being built in Poland?
The Polish Transmission System Operator Capacity Market auction has awarded a 17-year contract, indexed to inflation, for four battery projects to European Energy. The four projects have a combined capacity of 114 MW and are located in the north-western part of Poland. European Energy has 24 months to bring the projects to the ready-to-build stage.
Is European energy pursuing battery projects in other European countries?
Beyond Poland, European Energy is actively exploring battery projects in other European countries, where energy storage is becoming increasingly critical to balancing intermittent renewable energy supply with demand.
How many mw/800 MWh is a storage project in Poland?
The contract covers the design and operation of two storage projects, each with a capacity of 200 MW/800 MWh. The facilities will be located in Turośń Kościelna and Nowa Wieś Ełcka, connecting to Poland’s 110kV and 220kV transmission networks, respectively. Both projects have secured contracts in Poland’s capacity market.
Why should European Energy Invest in battery projects?
European Energy’s battery projects also align with broader European Union goals to achieve net-zero emissions and enhance energy security. By expanding its presence in the battery sector, the company aims to become a leader in energy storage, facilitating the transition to a cleaner and more resilient energy grid.
Why is European energy launching a new business area in Poland?
“This is a significant development for European Energy in Poland. We have extensive experience with traditional renewable energy projects in the country, and we are excited to venture into a new business area here,” says Olga Sypula, Country Manager in Poland for European Energy.
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